MILAN — The impact from a global semiconductor shortage on Stellantis' Italian car production this year will be worse and longer-lasting than the damage to output caused by the COVID-19 pandemic in 2020, Italy's FIM-CISL union said on Friday.
A global microchip shortage is pushing automakers to slow down production, with Stellantis halting operations at several facilities across Europe and the United States. The carmaker forecast it would make 1.4 million fewer vehicles this year.
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